Daimler says intends to retain the Mercedes works team in Formula 1 “in the years to come” with Toto Wolff in charge, rejecting speculation that it could pull out. A German media report claimed Daimler was in talks over a deal that would end its factory commitment with the Mercedes team, involving a form of takeover from Lawrence Stroll that would also see Wolff leave. However, a Daimler statement firmly dismissed the rumor, saying the new budget cap and aerodynamic testing restrictions make F1 a more sustainable and attractive proposition for the future. 'Speculation regarding a potential withdrawal from Formula 1 continues to be unfounded and irresponsible,” a Daimler spokesperson...
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